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Kingsoft Announces 2015 Third Quarter Results
Yesterday Kingsoft announced its unaudited quarterly results for the three months ended 30 September 2015. During the period under review, the total revenue of Kingsoft increased by 18% quarter-over-quarter and 77% year-over-year to RMB1,506.8 million. Revenue from the online game, Cheetah Mobile, and office...
Former General Manager of Tencent Mergers & Acquisitions Appointed as Director Of Cheetah Mobile
Cheetah Mobile Inc. today announced the appointment of Mr. Zhaohui Jeffrey Li as a director of Cheetah Mobile and the resignation of Mr. Zhijian Peng as the director, effective immediately.
Mr. Zhaohui Jeffrey Li currently serves as Managing Partner of Tencent Investment and General Manager...
G-Star 2015 ended with Lowest Attendance Ever
The 2015 edition of G-Star kicked off last Thursday, with the largest number of participants in its 11-year history, but with the lowest attendance ever recorded. The four-day event features 633 game developers from 35 countries. The final visitor attendance tally for the public portion...
Microsoft’s Sydney Flagship Store Is The First Microsoft Store Outside Of North America
Microsoft's upcoming Sydney flagship store is the first Microsoft store outside of North America, and only the second flagship store opened by Microsoft. The Sydney store is breaking new ground for the tech giant in its fight to regain the consumer cachet it has lost...
Level Up Kuala Lumpur Opens Its Doors On November 18
In conjuction with the annual ASEAN Entrepreneurship Summit 2015 (1AES 2015) which will be held in Malaysia, Multimedia Development Corporation (MDeC) is organizing Level UP KL 2015, Southeast Asia’s regional premier convention for the Gaming Community. Featuring an eclectic mix of Local and International players in...
Singaporean Game Development Scene Looks Pretty Bright
The Singapore Gamebox is hosted by the Games Solution Centre (GSC), an initiative by the Media Development Authority (MDA) and managed by Nanyang Polytechnic (NYP). GSC is an incubation centre for Singapore-based game developers, and also houses a Sony PlayStation Incubation Studio. Beyond the...
Japan To Strengthen Copyright Protections
The Cultural Affairs Agency is considering revising the copyright laws after Japan and 11 other countries last month agreed to strengthen protection of intellectual property rights as part of the Trans-Pacific Partnership agreement. The revisions under consideration include allowing copyright holders to more easily...
Korean Companies At G-Star
G-Star 2015 drew 34,813 visitors on its first day. Exhibition booths of major game firms including Nexon, the Korea's largest online game enterprise, were crowded with young visitors seeking their turn to test-play games that have yet to be released. "It is the first...
G-Star 2015 To Host The Largest Game Show
Hosted by the Korea Internet Digital Entertainment Association (K-iDEA), G-Star 2015 started yesterday and will be held at the BEXCO Center till November 15. It will be the largest in its 11-year history. "This year's G-Star will host a total of 2,636 exhibitions booths, up 2.7 percent...
NetEase Solid Q3 Results
NetEase reported better-than-expected third-quarter earnings. Revenue at NetEase jumped 114% from a year ago to 6.67 billion yuan, 19% higher than consensus estimates. Earnings per share came in at $2.24, well above the $1.75 consensus estimate polled by Factset. Gaming revenue, which contributes to over...
Nexon Shutting Down South Korean Dota 2 Servers
It’s taken a little while, but Valve will finally be directly servicing their MOBA fans in one of the most mature and competitive eSports markets in the world after the South Korean developer and publisher announced they were shutting down their Dota 2 servers.
In...
Asian Mobile Games Market Accounts For More Than Half Of Global Revenue
SuperData, a provider of market intelligence on playable media and digital games, its report, What Western Publishers Need to Know About the Asian Mobile Market 2016. Asia has 1.2 billion mobile gamers and controls 55% of the $24.9 billion in worldwide mobile games revenue. The “Big...
From Italy to the World – An Interview with Marco Accordi Rickards
Last month at Tokyo Game Show IGA.biz had the opportunity to meet with the delegation from the VIGAMUS Academy of Rome. We spoke to its director and chairman Marco Accordi Rickards about the development of the academy and the plans for Asia. VIGAMUS Academy is a 5-year...
2K China Office closed
Take-Two Interactive confirmed the closing its 2K China studio following the cancellation of Borderlands Online as GamesIndustry.biz reported. The Shanghai studio and offices were home to around 150 members of staff. "We are excited about the opportunities to expand our business in Asia, and...
Alibaba Acquires Youku Tudou
Alibaba Group Holding Limited and Youku Tudou Inc. announced their entry into a definitive merger agreement pursuant to which an affiliate of Alibaba Group will acquire Youku Tudou Inc., a leading multi-screen entertainment and media company in China in an all-cash transaction.
Jack Ma, the founder and executive chairman...
Tencent Uses Games to Beat China Slowdown
In China’s slowing economy, billionaire Ma Huateng is finding growth by supplying cheap entertainment to the masses. Smartphone games for the billion users of the WeChat and QQ messaging applications and free streaming of HBO’s ‘Game of Thrones’ are expected to drive a 28...
Japan Is The World’s Largest Mobile Games Market
Asia has 1.2 billion mobile gamers and controls 55% of the $24.9 billion in worldwide mobile games revenue. The “Big Three” of China, Japan and South Korea currently control 90% of the region’s mobile earnings. With lots of opportunity in the major markets and...
NCsoft Unveils Iron Tiger Studios
Korean F2P publisher Ncsoft officially announced the name of its new mobile gaming division, Iron Tiger. Iron Tiger is located in San Mateo, California, and is focused on developing original mobile games, as well as titles inspired by NCsoft’s existing game portfolio. NCsoft hasn't traditionally...
Sony Confirms PlayStation VR Line-Up For G-Star 2015
Following a busy Paris Games Week that saw quite a few announcements and a lot of new media dropped and with Sony’s PlayStation Experience event coming later this month, Sony have still made some announcements at Sony Computer Entertainment Korea (SCEK) press conference. In a...
